China’s central bank is in a bind. It has been on a buying binge in the United States over the last seven years, snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac, the New York Times reported.

There is a new breed of funds moving into the clean technology sector – specialized hedge funds that have at least $750 million under management. And they bring a new play – long and short – on the notoriously volatile sector.

At age 82, Mr. Peterson yearns for the can-do spirit that helped politicians forged by the Depression era finance the GI bill, the interstate highway system, and the Marshall plan from the ashes of World War II.